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Centre Partners buys Bellisio Foods, Inc

Centre Partners, a middle market private equity firm with offices in New York and Los Angeles, has acquired Bellisio Foods, Inc, together with the management team of Bellisio. Bellisio is a leading manufacturer of branded and private label frozen foods, based in Minneapolis.

Bellisio is one of North America’s largest manufacturers and distributors of frozen single-serve entrees and meals, sold primarily under the Michelina’s brand. The company also produces private label frozen products for a number of the nation’s largest retailers, and provides co-packing services to leading consumer packaged goods customers.

Bellisio Chief Executive Officer Joel Conner, says: "We are extremely pleased to be partnering with Centre Partners. Their financial support and expertise will enable us to accelerate our growth plans for the business while allowing us to maintain our focus on providing the highest quality product while being the low-cost operator. This transaction is a clear endorsement of the strength of our dedicated management team and the strength of our market position."

Bruce Pollack, Managing Partner of Centre Partners added, "We are equally excited to partner with Joel Conner and the Company’s first-class management team. Bellisio’s well-established brands and highly efficient production and distribution capabilities positions it extremely well for a number of compelling growth initiatives. We look forward to supporting Joel and his team as they expand Bellisio’s market-leading positions in both the US and Canada."

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